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20121201
20121231
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CNBC
Dec 31, 2012 6:00am EST
. then at 8:00 a.m. eastern, senator ron johnson and bob corker. president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up. >> but after it was all said and done, leaders on the senate floor couldn't get anything done, at least not yet. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know, i'm willing to get this done, but i need a dance partner. >> this morning, we've been trying to come up with some counteroffice to my friend's proposal. we haven't been able to do that. i've had a number of conversations with the presid
CNBC
Dec 11, 2012 6:00am EST
back in 30 minutes we're going to sit down with wisconsin senator ron johnson and talk for the next hour, grover norquist, old buddy from college joins us. will his tax pledge hinder a deal on the fiscal cliff? he rises above? where is that rising above? >> that's true. there are some people who say you got to stick with your convictions, others -- >> stick around. let's bring joe and andrew back into this. guys you've been listening to the conversations this morning. your take away? are we closer, further away? you hearing things you like? >> further away. >> further away. i've decided, becky and jim, that probably the best way to do it, i'm in howard dean's camp, why wouldn't the president go over the cliff and then introduce legislation lowering the rates on 98%? and if the republicans don't vote for that he gets the tax cutting mantel and i don't see how they would vote against that? >> so cynical. >> but so true. >> why is that cynical? >> you know, because -- because i think it's crazy that that's the way things get done in washington, and we will explain that to the public. t
CNBC
Dec 14, 2012 6:00am EST
conservative. ron johnson is a tea party guy. he wants to give on the president before the end of the year and go ahead, i guess pass a bill that would extend the rates for everyone and that wouldn't pass in the house and say, okay, fine, we'll do it for 98%. put that in the president's court, get that done and is use the debt ceiling for spending. >> exactly. no, that is -- >> but he's not getting anywhere with boehner and cantor? >> it's because boehner so far is not willing to go along with that strategy. the way that it works for boehner is if he ultimately puts it on the floor and tells most of his members that they have a chance to vote against it and make playing their opposition to any tax rate increase. but he hasn't been willing to do that so far. he would get some republicans to join with dm democrats and it would pass the house. but he doesn't want to put something on the floor that would clear the house without at least half of the republican members. spending is a sticking point, but there is an asymmetry in the negotiations. democrats have laid out what they want on taxes, s
CNBC
Dec 18, 2012 6:00am EST
just don't. >> senator, so last week, ron johnson and you and others said what we need to do, the house passes 98% and below, allows the top 2% to go up to 39.6. just what the president wants. and then we start talk pg about spending and entitlement cuts in light of the debt ceiling coming in in february? is that what you're talking about now? so we're going to -- >> we're going to have to see whether the rank and file that boehner tries to get, if they don't go along -- you're saying they should mutiny and not do this deal he wants to do now and do this other one that puts the onus back on the president next year to come to the table for entitlement cuts. is that what you're saying? >> i don't even think speaker boehner unless, again, something's happened early this morning, he's not even going to try to sell this deal because he knows that the offer that they've made is not real yet. in other words, again let me say the cuts are to be determined down the road, with another fiscal cliff, that's being created. so what i would hope, joe, is right now, we would go ahead and implement the
CNBC
Dec 3, 2012 6:00am EST
betts. i don't know, but you can take a look at a company like jk penny with ron johnson. even every retailer, except one, who said give this guy more time. but usually the short-termism is a problem. you can see that the advisory firms, they have these ridiculous metrics for one year and three year barometers. it takes two or three years to fully take charge of this. and i think you're right, steve, the metrics are too short. sometimes if they are on a misguided path, we can correct it. vickram pandit, i frankly thought was mercuriel and imperious when he first stepped in there. he grew enormously in office. maria bartiromo had a tremendous interview with him. i thought he was defensive, yet his board understood him. board politics. >> i look forward to seeing you at the yale ceo summit. >> hi, dave. you should have run. joe is right, you should have run. >> we've already made him a czar. >> you end up consulting with a lot of ceos, a lot of corporate boards. from your perspective, what impact is the fiscal cliff having with regard to the situation? we've seen today a number of spec
CNBC
Dec 5, 2012 6:00am EST
's, grocery coupons, and don't tell ron johnson or bill ackman, but jc penney rounded out the top four. >>> tomorrow on "squawk box," negotiating a deal on the fiscal cliff. we'll talk about possible paths to a compromise with our guest host former treasury secretary larry summers. >>> plus, the ceo of caterpillar will give us the business perspective on the deficit disaster. you can't afford to miss "squawk box" tomorrow starting at 6:00 a.m. eastern. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities aro
CNBC
Dec 10, 2012 6:00am EST
. bar ron's named its top ten picks for 2013. if you want to know if you should pay any attention to it the magazine's ten stocks for 2012 have outpaced the market by 4 percentage points gaining an average of 17%. now to the picks for 2013. there you go. apple, jpmorgan, royal dutch shell, barnes & noble. blackrock, general dynamics. marathon, novartis, viacom and western digital. might want to flip that so you people can see what i just said. marathon, novartis, royal dutch, viacom and western digital. five on each page. the fiscal cliff dominated the sunday talk shows. senator dick durbin on "meet the press" yesterday saying no deal on the debt without a tax hike on the wealthy. >> i can tell you i don't want to do it, the president doesn't want to do it but we need to solve the problem. we cannot allow their reckless position to drive this economy into another recession. >> and senator bob corker argues it might be better to agree with what the president wants to do now on taxes, and then fight later on spending. >> if we were to pass, for instance, raising the top two rates an
CNBC
Dec 17, 2012 6:00am EST
ron" which focuses on mental health issues. good morning to you, clayton. >> good morning. thanks for bringing me on. >> big question we're trying to resolve this morning. i don't know if we're going to be able to do it, how do we zeal both with the gun control issue but perhaps as important, the mental health issues that revolve around this and controlling both of those things at the same time? >> well, you know, i'd like to make the point that the real issue here is mental health problems. because we have a surprising number of murders in the united states. typically 500 to 600 a year involving mentally ill offenders. and most of them get no attention at all. because, sometimes they're using a knife or a sword to kill, you know, one or two people, and it's a local news story. relatively rare instance these sort of random acts of mass murder when they involve a firearm, we pay a lot more attention. but the core problem is mental illness. 1960s when i was growing up, i can remember one such incident, that was the university of texas, and it was shocking, because people didn't do t
CNBC
Dec 24, 2012 6:00am EST
think the things for jcpenney that even ron johnson would probably say the plan is a plan but it's going to shift depending on what consumer reaction is. and being able to be certainly offer consumers deeper value, whether it's $10 off, i think there's more new things that are going to happen that we don't even know about, but price is going to have to be addressed. >> dana, obviously we can't avoid talking about the fiscal cliff. payroll tax cut looks like it's going not to be extended. so that would mean that everyone that has a job is going to probably see at least $30 or $40 every paycheck starting in january. which companies are affected the most by that? is it the low end? or is it some place in the middle? or the high end doesn't matter? what would you say? what advice are you giving? >> i think the low end to the middle. i think we've already been seeing the beginnings of some of the low end having some pressures that we didn't see earlier in the year. but look what walmart said, their ceo talked about more of their consumers beginning to feel impacts that are being aware of the
Search Results 0 to 8 of about 9